Niger Delta
Bayelsa Assembly Insists On Pension For Lawmakers
The Bayelsa House of Assembly, says it would engage the services of an insurance firm to ensure pension for members of the 6th assembly in the state.
The Speaker, Mr Tonye Isenah, made the disclosure in Yenagoa during a courtesy visit by the state’s chapter of Federated Correspondents’ Chapel of the Nigerian Union Journalists (NUJ), Wednesday.
He explained that the pension bill passed by the 5th assembly for the lawmakers failed because no public hearing was held before it was passed.
The 5th assembly passed a bill for lifetime pension for lawmakers which was eventually denied assent by Gov. Seriake Dickson.
Isenah said the new leadership of the assembly was poised to reposition the state legislature, because there is a paradigm shift in the system.
“We will do the pension bill differently this time, we are going to work with an insurance firm, because the legislators have to plan their retirement.
“Let the insurance company use it to do business and let’s get the profit and take it back, so that at the end of our tenure, we will get something apart from the severance package.
“The insurance company will now be paying us a particular amount for a certain period. I think we can work on that one.
“Our last pension bill failed, perhaps because the people were not carried along as there was no public hearing to properly enlighten the masses on the pros and cons of the bill.
“All bills in this new legislature must pass through public hearing stage,” he stated.
The 5th assembly bill had proposed N500,000 monthly pension for the Speaker; N200, 000 for the Deputy Speaker, and N100, 000 for each for the 24 members of the assembly.
Niger Delta
INC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
Niger Delta
Edo Partners Stakeholders For Better Land, Housing Services
Niger Delta
Otu Reiterates Commitment To Support Military Veterans, Families
-
Sports4 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports4 days agoAFCON: Lookman gives Nigeria third place
-
Sports4 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports4 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports4 days agoMan of The Match award Excites Nwabali
-
Sports4 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports4 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta4 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
